After a thorough review of Lake Palace Casino and considering its size, complaints, licenses, customer support, terms and conditions, limits, and other factors, I decided to give it a questionable reputation rating. Although this casino does have some positive things going for it, I also discovered certain negatives which make it advisable to look for better casinos. Everything I found out is written in more detail in this review. Keep reading to find out more about this casino and whether it's safe and suitable for you.
Lake Palace Casino is a smaller online casino, according to my research and estimates of its revenues. The size and revenues of an online casino are important, because small gambling websites can theoretically struggle to pay out big wins to especially lucky players. On the other hand, big casinos should have sufficient cashflow to pay them out.
Lake Palace Casino is listed on 7 blacklists. You can see them displayed on this page, but I've chosen to ignore them when evaluating this casino, because they are related to the casino's previous owner or management, or for other relevant reason.
To sum things up, Lake Palace Casino has a questionable reputation. It has some positive qualities, but there are also many negatives, which is why I recommend you look for a better casino.
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Positives
In operation since 2006
24/7 live chat support
Negatives
Withdrawal limit very low below the average: USD 2500 monthly
5.9
Overall reputation
5.9/10
Questionable
What affects the casino's reputation?
How much do players complain about the casino?Complaints can tell a lot about a casino’s reputation. If many players complain about certain practices that are not in line with fair play, it is a clear sign that some things could be done better.
Are the casino’s terms and conditions fair towards players?Some casinos use unfair and predatory rules that put players into a disadvantage. I carefully read all terms and conditions and check for deceitful or harmful rules that can potentially be used against players.
Is the casino big? What are its revenues?The casino’s size is important. If you win a lot of money, smaller casino may struggle to pay out your winnings. That is why it is safer to gamble at big casino websites that shouldn’t have any issues with cashflow.
Is the casino part of a group of related casinos?To make sure the rating is as exact as possible, I also take into account relationships between casino websites. If a website is operated by a big company that runs multiple casinos, it influences the rating.
Has the casino been placed on some blacklists?There are many casino blacklists on the internet. I check the most relevant ones to see if the casino appears on any of them. If it does, it can influence the casino’s reputation rating.
Wagering: 60x bonus(with restrictions)Decreased wagering contribution based on game type: Slots 100%, Keno 100%, Scratch cards 100%, Roulette 50%, Baccarat 25%, Video poker 10%, Blackjack 5%, Craps and dice 5%.
